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20130201
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FOX Business
Jan 23, 2013 7:00pm EST
republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? the "a-team" is next. ♪ ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a half. ten and a half billion shares traded. after the closing bell, apple disappointed. hitting earnings targets, but believe it or not missing revenue expectations with a record fourth quarter revenue. the stock trading well below $500 per share in after hours. netflix giving its shareholders reason to cheer. expected to report a loss of $0.13 per share. instead, it reported a profit of $0.13 per share, and the stock up more than 30% right now and after hours trad
FOX Business
Jan 23, 2013 10:00pm EST
. the speaker, house republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a half. ten and a half bil
FOX Business
Jan 25, 2013 4:00pm EST
start to change public opinion. forced the democrats to increase the debt ceiling and start to win over the public. david: one other thing that is extraordinary, how? you have a media that allows statements such as the following. this is a statement that was made back in 2011 about the 2000 volt budget. this budget includes a five-year non security discretionary spending freeze, reducing the deficit and this will bring spending to the lowest level since president eisenhower sat in the oval office. statements like this are so far removed from the truth. in fact, this president has increased spending to 25 percent of gdp, whereas it was 20 percent of the bush ministration. it was 16 percent under eisenhower. so they say these things and the press does not correct in. have you went public opinion that that? >> i think that was set on saturday night live, was the? david: no. taken seriously. >> well, first, you get a spokesman. the "wall street journal" said the other day, each house should get a spokesman. a spokesperson. one voice speaking for the leaders instead of having to and people g
FOX Business
Jan 31, 2013 7:00pm EST
and political corruption. the senate today voted in favor of the house plan to raise the debt ceiling. no budget no pay. the bill requires the democratic controlled senate to pass a formal budget in exchange for the debt ceiling height. something it has not done in four years. if the senate is not successful members of congress, well, they will get paid. fox's chief political correspondent carl cameron has more. >> senators approve the already house passed a budget no paypall suspending the current debt ceiling of $16 trillion through mid may when the debts estimated to be four under and $50 billion more. the house and senate will have to pass budgets by mid april or member paychecks will be withheld. >> raising the possibility of the united states the faulting on its obligations every few months is not an ideal way to run government. but a short-term solution is better than another eminent manufactured crisis. lori: house republicans have passed budgets during the obama era and credit is salary threats of senate democrats who have not do so this year. republicans tried to pass amendments that w
FOX Business
Jan 29, 2013 1:00pm EST
before. last time in 1995. could it happen? rich edson. we have the fiscal cliff deal. the debt ceiling pushed back and the continuing resolution, right? >> this is because of the debt ceiling in relation to this calendar. the debt ceiling increase is approved in the senate next couple days. that pushes the debt ceiling to may 18th. the back end of number of cliffs upcoming in the calendar. look here at the government deadlines the congress and white house are facing right now. first, march 1st are the automatic spending cuts known as the sequester. they begin to hit the federal budget. that is something that takes place over the course of the year and is gradual. march 27th, that is when government spending runs out. or a large chunk of it. if there is no agreement on that, that could shut down the federal government. you're looking at debt ceiling all the way on may 18th. congressional aides saying treasury is telling them pause of extraordinary measures they can use, this pushes the debt ceiling day back to sometime this summer perhaps if this is a bill that clears congress and the s
FOX Business
Jan 24, 2013 4:00pm EST
. >> there is untranssy against on both sides. compromise on taxes and spending. i was happy to see the debt ceiling thing put back to may if not further. david: professor alan blinder. thank you very much. sandy, over to you. sandra: apple getting slammed after its disappointing forecast. a long list of analysts just now cutting their ratings and price targets. why wasn't this done earlier? coming up we have an analyst who sent up a early warning last week. up next as well as back to davos, the president of costa rica tells liz how their tax policies are bringing in business from some big companies. >> i'm adam shapiro with your fox business brief. it was a mixed day on wall street but the s&p did manage to post its 7th straight day of gains. at&t reported fourth quarter results after the closing bell. earnings per share for the company fell a penny short of stilts coming in at 44 cents. revenue came in slightly better than expected, $32.6 million. >>> officials at sac capital are giving investor an update on an investigation by the securities & exchange commission. that's what sources are telling fox bu
FOX Business
Jan 23, 2013 9:00pm EST
will not pass. we can get through this preliminary skirmish by putting off the debt ceiling for four months or three months, but in the and we're still going to have a budget fight about what is actually in the budget. that is still to come. gerri: to you. >> the good news is we have two other opportunities in which we can address the spending problem. the debt problem of the half. on march 1st the sequester cuts, the automatic spending cuts come into affect. people hold the line, those will be -- [talking over each other] >> a little bit. less than half. that can be adjusted later with an emergency supplemental if there are serious problems. secondly, march 27 the government runs out of money because we have not had the budget the last three or four years. really been operating by continuing resolutions that continue spending at the same level. their i think republicans are on strong ground saying we need to have spending cuts your. not just the rich but social security payers. so i think this is only the third option that we are going to have the debt ceiling. gerri: you're telling me my
FOX Business
Jan 31, 2013 5:00pm EST
't seem like we're not getting closer. at the debt ceiling with hemming and hawing but at last minute people got together. is it the same thing? >> i hope so. i'm working with a bunch the folks, part of the no labels group. republicans and democrats get together, talk about solutions. trying to figure out is there a different way to go. i don't think tax reform should be dead on the table. corporate america is really trying to get behind this. the committee for responsible federal budget is all over trying to get us to address the real meaningful issues of revenue reform in our country. same thing on entitlement side. a lot of americans want to pretend there is no problems with social security and med tear -- medicare but they're in danger not being there for our kids and grandkids. in the bowles-simpson report we should be talking about in constructive manner. melissa: nobody really wants to do. >> they don't want to do it. melissa: paul ryan comes out and makes it sounds like republicans are really willing to go ahead with the sequestration. i think that might be the truth. i mean i
Search Results 0 to 7 of about 8